Coskata Files For $100-Million IPO

12:30 PM MST | December 20, 2011 | Rebecca Coons

Coskata (Warrenville, IL) says it has filed for an initial public offering (IPO) worth up to $100 million to help fund its Boligee, AL cellulosic ethanol facility and ongoing R&D efforts. The number of shares to be sold and the offering price have not been determined. Coskata’s technology platform uses gasification and fermentation to produce fuels and chemicals “with a high degree of target end-product selectivity.” The company says its process is continuous, higher-yielding than other cellulosic platforms, and does not require...